🟢 Polar Power is trading 35.9% up today after securing a $25 million equity financing deal

Polar Power is trading at $2.00 (35.88% up) after announcing a $25 million Committed Equity Facility with Roth Principal Investments.

• The company intends to use the proceeds for working capital and to accelerate growth in its DC power systems segment.
• The financing agreement is a strategic move to support the company's efforts to regain Nasdaq compliance.